Tesla Daily Update – June 26, 2026

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📝 Today’s Tesla News Summary

1. Tesla Settles Fatal FSD Lawsuit — Tesla has settled a lawsuit with the family of a pedestrian killed by a Model Y in Full Self-Driving mode in Arizona in 2023. The incident is central to an NHTSA investigation covering 3.2 million Tesla vehicles. Tesla states camera systems have been updated with visibility restrictions.

2. NHTSA Closes Steering Loss Investigation — The NHTSA has closed its probe into electronic power-assisted steering loss in 2023 Model 3 and Model Y vehicles. Tesla addressed the issue with a safety recall and software updates deployed in October 2023.

3. NHTSA Proposes Brake Pedal Rule Change — The NHTSA proposed removing the federal mandate for manual brake pedals in fully autonomous vehicles. This could benefit Tesla’s Cybercab, which has no steering wheel or pedals.

4. Model Y Long Range Coming to U.S. — Tesla plans to launch the Model Y Long Range (Model Y L) in the U.S. later this year. Production begins September at Gigafactory Texas, with sales starting before year-end 2026.

5. Cybercab Expanding to Washington D.C. — Tesla is preparing to expand its Cybercab robotaxi program to Washington D.C. The service currently operates in Austin, Dallas, and Houston using Model Y vehicles.

6. Tesla Stock Valued at 375, Overvalued Says GuruFocus — Tesla’s stock trades at 375 dollars against a GF Value of 288 dollars. Institutional ownership remains high at 66.2 percent.

7. Elon Musk Net Worth Drops Below 1 Trillion — Musk’s net worth fell to an estimated 970 billion dollars due to falling SpaceX and Tesla stock prices, weeks after becoming the world’s first trillionaire following the SpaceX IPO.

8. Tesla Energy Partnership for 16GW Capacity — Tesla announced a partnership with Sunrun and Renew Home to aggregate over 16 gigawatts of flexible residential power capacity for AI data-center solutions.

🔗 Sources